MRDALE; Cash Position at completion of Floatation
Nozzpack; I have removed all planned and taken costs of the floatation plant ( $20 m US ) and Murchison drilling ( $8.5 million US ) from balance sheet cash and cash equivalents which leaves $15 million US or about $18.5 million in CAD.
With the gold streaming costs now paid off... savings of about $1.8 million cad per quarter and a large gold inventory ........I see us having cash and cash equivalents of about $15 million cad remaining as we begin commissioning the Floatation plant in August 2022.
So, we are in good fiscal shape in case the Event happens
https://stockhouse.com/companies/bullboard?symbol=mmtmf&postid=34404096
Nozzpack; I have removed all planned and taken costs of the floatation plant ( $20 m US ) and Murchison drilling ( $8.5 million US ) from balance sheet cash and cash equivalents which leaves $15 million US or about $18.5 million in CAD.
With the gold streaming costs now paid off... savings of about $1.8 million cad per quarter and a large gold inventory ........I see us having cash and cash equivalents of about $15 million cad remaining as we begin commissioning the Floatation plant in August 2022.
So, we are in good fiscal shape in case the Event happens
https://stockhouse.com/companies/bullboard?symbol=mmtmf&postid=34404096
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